DoorDash to Acquire Instacart for $17B

Restaurant delivery and grocery shopping are coming together in a major acquisition. DoorDash announced plans today to acquire Instacart for $17 billion. The combination would position the companies to better compete with giants like Amazon and Walmart. Together, the companies expect to offer customers more choices and membership savings.

“Grocery is one of the hardest things to get right online. Someone has to pick a ripe avocado, find a substitute you’d choose yourself and get the ice cream to you before it melts,” said Tony Xu, co-founder and CEO of DoorDash. “Instacart has spent years learning to do that well for grocers, while DoorDash has built a delivery network and technology that local stores rely on every day. Together, we could give stores of every size more of those tools and unlock the potential of grocery delivery. It’s still early innings, but we know that when more people shop local, more dollars stay local.”

For Instacart, the acquisition offers opportunities to expand its reach and capabilities.

“Over the last 14 years, Instacart has transformed online grocery by helping retailers of all sizes compete and grow, and joining forces with DoorDash allows us to do even more,” said Chris Rogers, CEO of Instacart. “When our purpose-built grocery technology and trusted retailer and brand relationships are combined with DoorDash’s global consumer reach and logistics capabilities, we can create new opportunities for our retail and brand partners, offer an even better experience for customers and shoppers, and deliver compelling value for our shareholders.”

The companies anticipate closing the transaction in late 2027 or the first half of 2028, subject to regulatory and shareholder approvals.